Posts Tagged ‘Saskatoon’

Good News For Landlords: Saskatchewan Sets Employment Record

Saturday, July 6th, 2013

July 5, 2013

Saskatchewan landlords rents good news

Good News For Landlords Because Tenants With Jobs Are Tenants Who Pay The Rent On Time

According to a report in the Saskatoon Homepage the jobs picture in our province is looking good.

Saskatchewan had the strongest employment growth and lowest unemployment rate in Canada in June. That from the government after the latest numbers were released from Statistics Canada.

This is another reason why we wrote Investors across Canada and Around the World are Looking at Rental Property in Saskatchewan earlier this year.

The provincial news release indicates 568,200 people were working in Saskatchewan in June which breaks the record set one month earlier.

There were 19,300 more people working on a year over year basis.

That’s a 3.5 per cent increase – the biggest increase in working residents among the provinces.

The government says over 90 per cent of the new jobs created in the past year were full-time.

There were 12,000 more women working in Saskatchewan than a year ago which accounts for over 60 per cent of the employment growth.

The biggest employment gains in the past year were in the areas of agriculture, trade, professional, scientific and technical, and construction.

Jobs means tenants with money. It’s great news for landlords because it means rent can be paid on time. While some provinces are going backwards more and more hard-working people coming to Saskatchewan to find jobs and build a future.

To discuss this and other landlord and tenant issues go to the free Saskatchewan Landlord Forum

Staff Instructed to Discriminate Against Renters With Children?

Tuesday, August 14th, 2012

August 13th, 2012

 

A formal complaint has been filed to the Sask. Human Rights Commission

What’s the Story?

A former employee of a Saskatoon rental company has filed a complaint to the Saskatchewan Human Rights Commission (called the SHRC), claiming his former boss discriminates against potential tenants who have children.

Who is the Former Employee?

It is a man who does not want to be identified.

What Does He Say?

He said his former employer, Universal Realty Ltd., instructed all  staff to screen callers, including asking them how many people would be, ahem, be  living in the apartment.

“Please note that the owner of 609 Wilson Crescent would like a very strict no pet, no smoking, as well as a no children policy,” read an email dated June 18, 2012 which was sent to the man while he was still an employee of the rental company.

“When you take a call with people looking for a rental, please screen them regarding how many occupants prior to giving them information on the suites available.”

What is the Saskatchewan Human Rights Code for this?

According to the SHRC code, landlords cannot deny housing accommodations to families with children or ask for inflated rent in order to keep tenants with children out.

Is Discrimination Common?

Despite these regulations, however, discriminating against renters with kids is quite common, said Rebecca McLellan, the executive director of the SHRC.

“We know that it’s going on to a significant degree,” she said but unfortunately, it’s not an issue which many people will file a formal complaint on.

Are People Even Aware of the Law?

Many renters, and some landlords, aren’t aware of this law, said McLellan of why they receive so few complaints. She adds, however, that there are landlords who are familiar with the code, but intentionally subvert it.

“We’ve seen people who are aware of the rules but don’t like them and are willing to try and work behind the scenes to determine whether someone has children before they rent to them,” she said.

Are there any Exceptions to the Law?

McLellan notes that the only exception to the adult-only regulation is a building designated as 55 years and older.

“[Landlords] who rent exclusively to that age group, they are protected under the human rights code but once they go out of that age group, they would have to take families as well,” explained McLellan.

What Does the Owner of Universal Realty Ltd. Say?

Tom Cuelenaere, owner of Universal Realty Ltd., said he understands those rules and that his company does not discriminate against tenants with kids.

“We don’t have a policy against children or Natives or seniors or whoever.”

The owner said that sometimes owners of buildings prefer that their property remain quiet and so they ask rental companies to not rent to tenants with kids. If this happens, Cuelenaere said he will inform them that it’s illegal to do so.

“We have to say ‘well, there’s absolutely no way we can discriminate against children or any type of a person,’” said Cuelenaere.

With regards to the emails, Cuelenaere said rental companies have a right to screen potential tenants based on their ability to pay and information they receive from references.

Cuelenaere emphasized, however, that he never personally told his employees to not consider renters with kids and he will clarify the email message with them.

“I haven’t instituted any policy of this kind,” stated Cuelenaere.

So Why Did His Employee Speak Out?

The owner said the former employee who was released was likely “annoyed” with Universal Realty Ltd.  Maybe he wanted a bit of ‘revenge.’

Regina Vacancy Rate Lowest in Canada! Rate Falls to 0.6%

Saturday, July 7th, 2012

July 6th, 2012

What’s the Latest Regarding the Canadian Rental Situation?

The CMHC (Canada Mortgage and Housing Corporation) recently released their ‘Spring Rental Survey reporting on vacancy rates across Canada.

What’s the News for Saskatchewan Landlords?

The Spring Rental Survey reported the lowest vacancy rates in the nation are found in Regina.

Regina Has the Lowest Vacancy Rates?

Yes. the vacancy rate in the Regina Census Metropolitan Area was 0.6% in April, 2012.  This is down from 0.7% in April, 2011.

In Regina rents have also increased faster than the rate of inflation.

What’s the Reason for the Low Rates?

According to the CMCH, it’s due to powerful gains in employment, increasing wages and a very low rate of unemployment.  This has caused a lot of migration to the area.

Furthermore, new and real home prices have increased.  This has led some people to delay purchasing their own home and deciding to rent instead.

What about Saskatoon?

The vacancy rate in Saskatoon also decreased.  In April, 2012 it was 3.1%.  In April, 2011 it was 3.4%.

What about in other cities?

The vacancy rate declined dramatically in Swift Current.  It was only 2.8% in April, 2012 compared to 9.6% in April, 2012.  This is largely due to increased energy exploration and drilling and the strength of the agricultural industry.

Because of a strong economy vacancies fell in Estevan from 2.5% in April 2011 to only 1%.

Surprisingly, Estevan also had the highest per average rents in Saskatchewan.  An average 2 bedroom apartment rents for approximately $1000 per month.

The rate fell in Yorkton as well.  There was a large drop from 4.9% in 2011 to only 1.4% in 2012.

Which Cities Have the Highest Vacancy Rates?

The highest is North Battleford at 5.3%.  Its followed by Prince Albert at 3.9%

What About the Price of Rents?

Rents in Regina rose by 5.5% compared to 2011.  Rents in Saskatoon rose 2.9%.

According to the CMHC, in Regina the average 2 bedroom apartment rents for $948.  In Saskatoon, it would be $976.

In Regina, rents for all types of suites rose by 5.5 per cent over the last year, compared with 2.9 per cent in Saskatoon.

The largest increase in rent was at Yorkton.  Rents there are up 8.4%.